{"id":60766,"date":"2020-01-31T04:38:32","date_gmt":"2020-01-31T04:38:32","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=60766"},"modified":"2020-01-31T04:38:33","modified_gmt":"2020-01-31T04:38:33","slug":"govt-privatise-18-units-international-firms-participate-bidding-process","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-privatise-18-units-international-firms-participate-bidding-process.html","title":{"rendered":"Govt to privatise 18 units; international firms to participate in bidding process"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Karachi: Federal Minister for Privatisation Mian Muhammad Soomro has announced the government\u2019s decision to privatise 18 state-owned enterprises, a news source reported. To this effect, he has stated that international companies from around the globe will participate in the bidding process.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read<\/strong>: P<a href=\"https:\/\/www.zameen.com\/news\/pm-directs-timely-privatisation-govt-institutions.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"M directs for timely privatisation of govt institutions (opens in a new tab)\">M directs for timely privatisation of govt institutions<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The minister revealed this information during a press\nconference in Islamabad. Special Assistant to the Prime Minister (PM) for\ninformation &amp; Broadcasting Firdous Ashiq Awan was also present at the\noccasion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He stated that the 18 units set for privatisation included <a rel=\"noreferrer noopener\" aria-label=\"Kasur Haveli and Bahadur Shah power plant (opens in a new tab)\" href=\"https:\/\/www.zameen.com\/news\/govt-to-earn-usd-2bn-from-privatisation-of-balloki-haveli-bahadur-shah-power-plants.html\" target=\"_blank\">Kasur Haveli and Bahadur Shah power plant<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On her par, the special assistant said that the government was commencing with the privatisation process for the public\u2019s welfare. She said that the process would begin under the leadership of the privatisation minister. She added that the government would turn under-performing industries into profitable organisations as part of its commitment to develop the national economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/govt-looking-to-privatise-49-public-companies-in-five-years.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Govt looking to privatise 49 public companies in five years (opens in a new tab)\">Govt looking to privatise 49 public companies in five years<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pointing out that the process of privatisation begun after\n2018, Awan said that the government would invest the resultant revenue for the\nwelfare of the masses. She added that Soomro was taking forward the agenda of\nthe PM.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: Federal Minister for Privatisation Mian Muhammad Soomro has announced the government\u2019s decision to privatise 18 state-owned enterprises, a news source reported. To this effect, he has stated that international companies from around the globe will participate in the bidding process. Read: PM directs for timely privatisation of govt institutions The minister revealed this information during a press conference in Islamabad. Special Assistant to the Prime Minister (PM) for information &amp; Broadcasting Firdous Ashiq Awan was also present at the occasion. He stated that the 18 units set for privatisation included Kasur Haveli and Bahadur Shah power plant. On her par, the special assistant said that the government was commencing with the privatisation process for the public\u2019s welfare. She said that the process would begin under the leadership of the privatisation minister. She added that the government would turn under-performing industries into profitable organisations as part of its commitment to develop the national economy. Read: Govt looking to privatise 49 public companies in five years Pointing out that the process of privatisation begun after 2018, Awan said that the government would invest the resultant revenue for the welfare of the masses. She added that Soomro was taking forward the agenda&hellip;<\/p>\n","protected":false},"author":68,"featured_media":60548,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[17186],"persona":[],"class_list":["post-60766","post","type-post","status-publish","format-standard","has-post-thumbnail","category-allied-industries","tag-details-on-govt-to-privatise-18-units-international-firms-to-participate-in-bidding-process","cat-15012-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt to privatise 18 units; international firms to participate in bidding process - Zameen News<\/title>\n<meta name=\"description\" content=\"Federal Minister for Privatisation Mian Muhammad Soomro has announced the government\u2019s decision to privatise 18 state-owned enterprises.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-privatise-18-units-international-firms-participate-bidding-process.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt to privatise 18 units; 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